98. The Collision Industry’s Hotbed for Buyers: What’s Driving the Boom? with Laura Gay

Your Business Your Life

The collision repair industry is growing quickly, with more private equity and buyers showing interest. This creates a great opportunity for shop owners to take advantage of the booming market.

However, selling a shop can be complicated, and owners who focus on increasing their shop's value and getting professional help will have the best chance to maximize their profits.

Join Matt DiFrancesco and Laura Gay, Owner and Consultant at Consolidation Coach, as they discuss the rising demand for consolidation in the collision industry, the importance of professional guidance in sales to maximize returns, and their insights on what the future market may hold.

Matt and Laura also talk about:

(02:28) What is Collision Classifieds?

(04:36) The current state of the consolidation market

(07:18) The different tier classifications of buyers

(10:40) Why shop owners should seek professional help when selling their shops

(15:03) What shop owners need to understand about the tax implications of a sale

(17:02) What C-Corporations need to prepare for

(20:12) What the collision repair market will look like in 5 years

(23:59) Why shops need to increase their free cash flow now

(25:38) How a shop’s dependence on its owner affects its value

(29:22) Why shop owners should join the Collision Cocktail Hour

Connect With Laura Gay

Website: https://consolidationcoach.com/

LinkedIn: https://www.linkedin.com/in/laura-gay-b5b576156/

Email:[e-mail]

Phone: [phone]

Book a consultation call: https://consolidationcoach.com/contact/

Connect With Matt DiFrancesco:

[e-mail]

[phone]

LinkedIn: Matt DiFrancesco

LinkedIn: High Lift Financial

Facebook: High Lift Financial

Instagram: @high_lift_financial

Youtube: @highliftfinancial

Tune in to The Collision Cocktail Hour!

Join Matt and Laura, along with Micki Woods, Barrett Smith, Clay Hoberecht, and Rick Selover, for the Collision Cocktail Hour, held every third Wednesday of the month at 8 PM Eastern. This open forum offers a valuable opportunity for shop owners to discuss real-world challenges and solutions with their peers, and everyone is welcome to participate!

REGISTER HERE → https://collisioncocktailhour.com/

About the guest:

Laura Gay, a former small MSO shop owner, was approached by aggressive consolidators to sell her shops in 2014. Feeling lost, she took time to learn about the auto body shop Mergers and Acquisitions process, realizing the importance of getting it right when selling.

In 2015, she successfully sold her shops and retired at 42. After helping friends through the selling process, she was encouraged to start a business, leading to the creation of Consolidation Coach, a leading M&A firm for shop owners today.

Outside of work, Laura enjoys drag racing, NASCAR, and spending time with her dogs, Mopsie, Oscar, Stagger, and Miss Pearl.

Disclaimer:

All information is obtained from sources deemed reliable, but not guaranteed. No tax or legal advice is given nor intended. Content provided herein or on our website should not be construed as an offer for investment advice or for securities, insurance, or other investment products. Investments involve the risk of loss and are not guaranteed. Consult a qualified legal, tax, accounting, or financial professional before implementing any investments or strategy discussed here.

Investment advisory services from High Lift Financial are provided through Cornerstone Planning Group, LLC, an independent advisory firm registered with the Securities and Exchange Commission.